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Taiwanese/American Asset Manager Names CEO
Tara Loader Wilkinson
3 May 2012
Cathay Conning Asset Management, the investments subsidiary of Taiwan’s Cathay Life Insurance, has hired a new chief executive officer. Mark Konyn, previously chief executive at RCM, is responsible for leading CCAM's strategic growth plan in Asia. He will be Hong Kong-based, according to a statement from the firm. Konyn left his previous role last September after 14 years with RCM, which is owned by Allianz Global Investors. At RCM Konyn lead the Asia-Pacific investment business in Hong Kong, Japan and Australia. CCAM is a joint venture between Taipei-based Cathay Financial and Conning & Co, a Connecticut-based asset managemer focused on the insurance industry. The JV was announced last June. As at December 31 Cathay Financial had over $166 billion in assets under management, while Conning has almost $88 billion in assets globally.